{"id":635,"date":"2009-04-11T22:16:00","date_gmt":"2009-04-12T02:16:00","guid":{"rendered":"http:\/\/blog.cmhughesmd.com\/?p=635"},"modified":"2009-04-11T22:16:00","modified_gmt":"2009-04-12T02:16:00","slug":"how-health-care-costs-contribute-to-income-disparity-in-us-the-mckinsey-quarterly-health-care-costs-income-disparity-us-economic-studies-country-reports","status":"publish","type":"post","link":"http:\/\/blog.cmhughesmd.com\/?p=635","title":{"rendered":"How health care costs contribute to income disparity in US – The McKinsey Quarterly – health care costs income disparity US – Economic Studies – Country Reports"},"content":{"rendered":"

How health care costs contribute to income disparity in US – The McKinsey Quarterly – health care costs income disparity US – Economic Studies – Country Reports<\/a><\/p>\n

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The top-income category (earning on average $210,100 annually1<\/a>) has enjoyed rising incomes and growing employer-paid health care benefits, which have made their out-of-pocket spending on health care a relatively small and affordable portion of total spending. The higher-middle-income category (earning an average of $84,800 annually) and the lower-middle-income group (earning on average $41,500), have also seen increasing benefits and incomes\u2014but at a much slower rate, making the uncovered portion of their health care costs ever-more expensive. In the bottom-income category (earning an average of $14,800 a year), incomes have been stagnant, and their employers are less likely to pay for their health insurance. This group is finding any health care difficult, if not impossible, to afford.<\/p>\n

As part of a study of widening income gaps between US households, we found that rising employer-paid health insurance premiums constitute a growing share of the
combined income of lower-paid employees\u2014a much larger share than for those who
are higher paid. For those workers within the bottom-income group who are insured (22 percent), the ratio of employer-paid premiums to household income is 20 percent. That compares with 3.3 percent for the top-income group, in which nine out of ten workers are insured.<\/p>\n

<\/p>\n<\/blockquote>\n

This is in line with New America’s estimate of 17% of household compensation now going to health care, which, really, is a prohibitive amount for lower and middle income families.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

How health care costs contribute to income disparity in US – The McKinsey Quarterly – health care costs income disparity US – Economic Studies – Country Reports The top-income category … Continue reading “How health care costs contribute to income disparity in US – The McKinsey Quarterly – health care costs income disparity US – Economic Studies – Country Reports”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"sfsi_plus_gutenberg_text_before_share":"","sfsi_plus_gutenberg_show_text_before_share":"","sfsi_plus_gutenberg_icon_type":"","sfsi_plus_gutenberg_icon_alignemt":"","sfsi_plus_gutenburg_max_per_row":"","footnotes":""},"categories":[68,27],"tags":[],"class_list":["post-635","post","type-post","status-publish","format-standard","hentry","category-financial-costs","category-health-insurance-cost"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"http:\/\/blog.cmhughesmd.com\/index.php?rest_route=\/wp\/v2\/posts\/635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/blog.cmhughesmd.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/blog.cmhughesmd.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/blog.cmhughesmd.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/blog.cmhughesmd.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=635"}],"version-history":[{"count":0,"href":"http:\/\/blog.cmhughesmd.com\/index.php?rest_route=\/wp\/v2\/posts\/635\/revisions"}],"wp:attachment":[{"href":"http:\/\/blog.cmhughesmd.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/blog.cmhughesmd.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=635"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/blog.cmhughesmd.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}